Ameriprise Financial, Inc. (NYSE:AMP) Stock Has Average Target Price of $572.55

Shares of Ameriprise Financial, Inc. (NYSE:AMP) have been assigned a consensus rating of “Hold” from the twelve research firms that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $557.00.

AMP has been the topic of a number of recent analyst reports. Bank of America reissued an “underperform” rating and set a $445.00 price target (down from $570.00) on shares of Ameriprise Financial in a research note on Monday. Royal Bank Of Canada raised their price objective on Ameriprise Financial from $560.00 to $595.00 in a report on Friday, July 24th. Jefferies Financial Group dropped their target price on Ameriprise Financial from $645.00 to $638.00 in a research note on Monday, October 12th. Weiss Ratings raised shares of Ameriprise Financial from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, September 3rd. Finally, Piper Sandler increased their price objective on shares of Ameriprise Financial from $518.00 to $561.00 in a report on Thursday, July 23rd.

Ameriprise Financial News Summary

Here are the key news stories impacting Ameriprise Financial this week:

• Neutral Sentiment: Analysts remain broadly neutral on Ameriprise Financial and other major financial stocks, indicating limited consensus for a near-term catalyst. Analysts Are Neutral on Top Financial Stocks: Ameriprise Financial (AMP), Regions Financial (RF)
• Neutral Sentiment: Institutional positioning was mixed in the latest reported quarter, with JPMorgan and some other investors adding shares while BlackRock, UBS and other institutions reduced holdings. This suggests divided investor conviction rather than a clear stock-specific signal.
• Negative Sentiment: Bank of America twice downgraded AMP to Underperform, or a sell-equivalent rating, from Buy and cut its price target to $445 from $570. The new target is below the quoted share price, increasing pressure on the stock’s valuation. AMP double downgraded to sell equivalent at BofA Securities
• Negative Sentiment: BofA’s concerns center on accelerating departures of large advisor teams, potentially negative advisor headcount growth in 2026, slower organic growth and net new assets trailing competitors. Analysts also warned that retention bonuses and other spending could pressure margins. Ameriprise Financial’s Retention Bonuses Amid Advisor Exodus Could Pressure Margins, BofA Says
• Negative Sentiment: Additional coverage characterized advisor departures as a potentially structural problem, suggesting that retention challenges could persist beyond the next quarter and weigh on wealth-management earnings. Ameriprise Has an Advisor Problem. It Could Get Worse.
• Negative Sentiment: Reported insider activity showed selling but no open-market purchases among listed executives over the past six months. While insider sales may reflect personal or scheduled transactions, the absence of reported buying adds to the cautious sentiment.

Insider Transactions at Ameriprise Financial

In other Ameriprise Financial news, CFO Walter Berman sold 11,012 shares of the company’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $548.95, for a total transaction of $6,045,037.40. Following the completion of the sale, the chief financial officer directly owned 5,609 shares in the company, valued at $3,079,060.55. This represents a 66.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Deirdre Mcgraw sold 2,400 shares of the firm’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $558.28, for a total value of $1,339,872.00. Following the completion of the transaction, the executive vice president owned 3,373 shares in the company, valued at approximately $1,883,078.44. This trade represents a 41.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 29,988 shares of company stock valued at $16,316,497. Corporate insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Ameriprise Financial

Institutional investors have recently bought and sold shares of the business. Avail Investment Partners LLC boosted its holdings in Ameriprise Financial by 2.6% in the third quarter. Avail Investment Partners LLC now owns 800 shares of the financial services provider’s stock valued at $394,000 after acquiring an additional 20 shares during the last quarter. Novem Group increased its position in Ameriprise Financial by 0.9% in the third quarter. Novem Group now owns 2,303 shares of the financial services provider’s stock worth $1,134,000 after purchasing an additional 21 shares during the period. Rexford Capital Inc. raised its holdings in Ameriprise Financial by 19.5% during the 1st quarter. Rexford Capital Inc. now owns 147 shares of the financial services provider’s stock worth $65,000 after purchasing an additional 24 shares during the last quarter. North Dakota State Investment Board raised its holdings in Ameriprise Financial by 0.9% during the 2nd quarter. North Dakota State Investment Board now owns 2,716 shares of the financial services provider’s stock worth $1,246,000 after purchasing an additional 24 shares during the last quarter. Finally, HBK Sorce Advisory LLC raised its holdings in Ameriprise Financial by 2.8% during the 2nd quarter. HBK Sorce Advisory LLC now owns 892 shares of the financial services provider’s stock worth $409,000 after purchasing an additional 24 shares during the last quarter. 83.95% of the stock is currently owned by hedge funds and other institutional investors.

Ameriprise Financial Trading Up 1.4%

Shares of AMP stock opened at $486.92 on Wednesday. The firm has a 50-day moving average price of $530.66 and a 200 day moving average price of $498.39. Ameriprise Financial has a twelve month low of $422.37 and a twelve month high of $572.56. The company has a market capitalization of $43.77 billion, a price-to-earnings ratio of 11.15, a PEG ratio of 0.99 and a beta of 1.16. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.99.

Ameriprise Financial (NYSE:AMP) last released its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $11.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.81 by $0.26. The company had revenue of $4.90 billion for the quarter, compared to analysts’ expectations of $4.87 billion. Ameriprise Financial had a net margin of 20.24% and a return on equity of 64.19%. The firm’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period last year, the company earned $9.11 EPS. Research analysts forecast that Ameriprise Financial will post 46.13 earnings per share for the current fiscal year.

Ameriprise Financial declared that its Board of Directors has approved a stock repurchase program on Tuesday, September 29th that authorizes the company to repurchase $5.50 billion in outstanding shares. This buyback authorization authorizes the financial services provider to purchase up to 12.3% of its shares through open market purchases. Share buyback programs are generally an indication that the company’s board of directors believes its stock is undervalued.

Ameriprise Financial Company Profile

Ameriprise Financial, Inc (NYSE:AMP) is a diversified financial services company that provides advice, wealth management, asset management, insurance and retirement solutions. Through its network of financial advisors and digital platforms, the company serves individuals, families, businesses and institutions with financial planning, investment management and related services.

Its products and services include brokerage and advisory accounts, mutual funds and exchange-traded funds, retirement plans, annuities, life and long-term care insurance, banking services and financial planning.